📈 TradFi Daily | 10.8
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🇺🇸 U.S. Stocks
▪️ U.S. stocks pulled back from record highs as concerns about an AI bubble and renewed inflation expectations made investors more cautious. CNBC host Jim Cramer noted that rising financing costs are splitting the U.S. stock market into two camps: “winners and losers.”
▪️ Samsung Electronics reported preliminary Q3 operating profit of approximately 10.74 trillion won. SK Hynix subsidiary Solidigm selected Goldman Sachs and Morgan Stanley as lead underwriters as it moves forward with a U.S. IPO next year.

🥇 Gold & Commodities
▪️ Gold edged lower under slight pressure, while copper prices rose modestly. A mining strike in Chile continues to escalate, further intensifying concerns about global copper supply.
▪️ Jeff Bezos’s Blue Origin raised $10 billion from outside investors for the first time, accelerating its push to commercialize space.

🛢️ Crude Oil
▪️ Reports said the White House asked the military to prepare strike plans targeting Iran, sending WTI sharply higher at one point during the session. The U.S. Central Command later denied claims that Iran “controls the Strait of Hormuz,” and oil prices gave back some of their gains. The Saudi-led coalition struck 82 targets belonging to Yemen’s Houthi forces.

🔗 Implications for BTC
The pullback in U.S. stocks from elevated levels, combined with renewed inflation concerns, is weighing on short-term risk appetite. Safe-haven sentiment may offer some support to decentralized assets such as $BTC . On-chain data shows that Strategy and its IBIT holdings together hold 1.653 million $BTC , with institutional holdings unchanged. Meanwhile, XRP spot ETFs have reached $1.7 billion in assets under management, but weekly inflows have slowed significantly, suggesting that marginal ETF demand is weakening and worth monitoring. #TradFi日报 #BTC

Markets involve risk. Invest with caution. This article does not constitute investment advice.